ONEOK announced it has a new lender. The Oklahoma-based company said it has a new amended and restated credit agreement with Citibank, N.A. as administrative agent to provide up to $2.5 billion revolving unsecured credit. A filing with the Securities Exchange Commission indicated the new agreement includes a $100 million letter of credit subfacility …
June 13, 2022 archive
Headlines of other energy stories
** The average new car sold for $47,148 last month—close to December’s peak. ** U.S. oil producers profiting from sky-high prices are doling out billions to shareholders and building cash reserves, a strategy irking lawmakers and voters struggling with record fuel prices while winning over Wall Street. ** Tesla competitor Electric Last Mile says it can no …
Dems still going after oil and gas industry
House Democrats are not giving up in their attacks on the oil and gas industry. In their latest move, leaders of House Natural Resources Committee requested documents be turned over from five public relations firms and the American Petroleum Institute applying to their work for fossil fuel companies. Arizona Congressman Raul Grijalva, a Democrat …
Oklahoma Energy Resources Board and OU collaborate to provide over $250,000 in scholarships
The people of Oklahoma Oil & Natural Gas are making a major investment in the next generation of energy innovators at the University of Oklahoma helping award more than $134,000 in scholarships to 28 students studying petroleum engineering or geology at the University of Oklahoma. The Oklahoma Energy Resources Board of OERB announced the …
What analysts say about Devon’s Williston acquisition
Some analysts admit they were taken somewhat by surprise by Devon’s recent acquisition of oil-producing sites in the Williston Basin. What surprised them is that they expected Devon to make an acquisition in the Permian Basin, not in North Dakota. Click here for Hart Energy
- 1
- 2